Teo Seng sees higher Q3 earnings

The poultry company saw its revenue increase 17.5% to RM144.53mil in Q3’21 from RM123.02mil in Q3’20 on the back of improved selling prices of eggs and strong demand.

PETALING JAYA: Teo Seng Capital Bhd’s net profit rose to RM2.28mil for the third quarter ended Sept 30, 2021 (Q3’21) from RM1.24mil in Q3’20 in tandem with higher revenue.

The poultry company saw its revenue increase 17.5% to RM144.53mil in Q3’21 from RM123.02mil in Q3’20 on the back of improved selling prices of eggs and strong demand.